This workshop includes comparing the repair of a business to the repair of an automobile, identifying all of the necessary profit centers for an auto repair business, understanding daily operations financial ratios, understanding the four types of time, identifying a technician's time value, understanding productivity and efficiency, how to mathematically compute your shop labor rate, and the negative effects of too much activity (too many cars) on daily operations.

Approval Date: 04/02

R. L. O'Connor & Associates, Inc. 6 credits; 3-hour course Specialty: